DALLAS, April 5 /PRNewswire-FirstCall/ -- Bank of America, N.A., Dallas,
Texas, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a
cash distribution to the holders of its units of beneficial interest of
$0.33910 per unit, payable on April 29, 2005, to unit holders of record on
April 15, 2005.
Due to the timing of the end of the month of March, approximately $99,000
of revenue received will be posted in the following month of April in addition
to normal receipts during April. Approximately $508,000 was received on
April 1, 2005.
This distribution reflects primarily the oil production for January 2005
and the gas production for December 2004. Preliminary production volumes are
approximately 58,242 barrels of oil and 487,732 mcf of gas. Preliminary
prices are approximately $39.79 per barrel of oil and $5.93 per mcf of gas.
For the 2004 Tax Information Booklet and other information, including the
latest financial reports on Sabine Royalty Trust, please visit our website at
http://www.sbr-sabineroyalty.com/.
SOURCE Sabine Royalty Trust
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Related links:
http://www.sbr-sabineroyalty.com
CONTACT:
Ron E. Hooper, Senior Vice President of Bank
of America, N.A., +1-800-365-6541, for Sabine Royalty Trust
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